Thursday’s Top Names



The indices’ strong close after the first half sell off is very encouraging.


This action leaves a bullish tail on the daily
chart, and along with a CVR I buy signal keeps the bias to the long side for
Thursday.

Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)

and Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating)
and Gold
and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
.

Thursday’s stocks to
watch:


3 Month RS of 80 and higher and close in top
part of
range


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Automatic Data Processing
(
ADP |
Quote |
Chart |
News |
PowerRating)
92 43.95 2,736,318 3,258,700
Bemis
(
BMS |
Quote |
Chart |
News |
PowerRating)
82 54.12 322,257 634,200

Imation

(
IMN |
Quote |
Chart |
News |
PowerRating)
95 38.64
389,948

947,300
Sallie Mae
(
SLM |
Quote |
Chart |
News |
PowerRating)
91 106.90 1,005,625 956,500

 

3 Month RS of 30 or lower
and close in bottom part of range


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Argosy Gaming
(
AGY |
Quote |
Chart |
News |
PowerRating)
14 18.00 356,118 575,900
Cambrex Corp.
(
CBM |
Quote |
Chart |
News |
PowerRating)
19 27.26 209,280 275,200

Household International

(
HI |
Quote |
Chart |
News |
PowerRating)
25 26.45
5,773,232

9,794,800
York International
(
YRK |
Quote |
Chart |
News |
PowerRating)
29 24.21 243,057 409,000


3 Month RS of 80
and higher with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Noble Energy
(
NBL |
Quote |
Chart |
News |
PowerRating)
82 35.70 315,658 430,300
Symantec
(
SYMC |
Quote |
Chart |
News |
PowerRating)
91 40.11 4,509,936 3,938,144
Ball Corp.
(
BLL |
Quote |
Chart |
News |
PowerRating)
92 65.37 639,171 376,900
Devon Energy
(
DVN |
Quote |
Chart |
News |
PowerRating)
91 52.21 1,045,878 678,700

 

3 Month RS of 30 and lower with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Beckman Coulter
(
BEC |
Quote |
Chart |
News |
PowerRating)
11 27.49 727,752 482,100

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Legg Mason
(
LM |
Quote |
Chart |
News |
PowerRating)
80 46.51 526,097 695,800
Marsh & McLennan
(
MMC |
Quote |
Chart |
News |
PowerRating)
86 47.51 2,141,695 2,404,600
Roadway Corp.
(
ROAD |
Quote |
Chart |
News |
PowerRating)
91 40.56 474,083 533,900

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Baxter International
(
BAX |
Quote |
Chart |
News |
PowerRating)
29 27.55 4,602,297 4,336,500
Household International
(
HI |
Quote |
Chart |
News |
PowerRating)
25 26.45 5,773,232 9,794,800
York International
(
YRK |
Quote |
Chart |
News |
PowerRating)
29 24.21 243,057 409,000

 

Best of luck with your trading Thursday. Please use
protective stops on trades.